Revenue Integrity: Taking an integrated, data-driven approach to charge capture
Brought to you in partnership with :Waystar
Thursday, October 6, 2022 - 13:07
An estimated 1% of net revenue is lost every year due to incorrect or incomplete coding—costing hospitals millions of dollars annually.
From EHR pitfalls, payer/provider friction, and antiquated processes, it can be a challenge to accurately capture revenue. When healthcare organizations leverage powerful technologies to reduce manual efforts, revenue cycle teams can better prevent charge leakage, address compliance issues, and implement operational improvements.
In this white paper, we’ll explore:
- Five common causes of missed charges
- Approaches to enhance cash flow and staff efficiency
- How to maximize revenue with smarter technology